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Non-Cattle Specific Topics
Every Thing Else Board
Any attorneys on here, need legal advice
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<blockquote data-quote="TexasBred" data-source="post: 926122" data-attributes="member: 6897"><p>Creditors can sue you for unpaid debts and get a judgment against you. The county records the judgment and places a lien against your nonexempt assets. In Texas, a homeowner's primary residence is protected from unsecured debt liens. The only three liens a creditor can place against a home are for unpaid taxes, home improvements and the original mortgage lien. All other liens are unenforceable, according to Texas law. If the home is sold, the new owner can take free title of the home but the seller must still pay the debt.</p></blockquote><p></p>
[QUOTE="TexasBred, post: 926122, member: 6897"] Creditors can sue you for unpaid debts and get a judgment against you. The county records the judgment and places a lien against your nonexempt assets. In Texas, a homeowner's primary residence is protected from unsecured debt liens. The only three liens a creditor can place against a home are for unpaid taxes, home improvements and the original mortgage lien. All other liens are unenforceable, according to Texas law. If the home is sold, the new owner can take free title of the home but the seller must still pay the debt. [/QUOTE]
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Non-Cattle Specific Topics
Every Thing Else Board
Any attorneys on here, need legal advice
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